Segment Reporting

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Segment Reporting

Note 3 - Segment Reporting

The Company uses the "management approach" to determine its operating and reportable segments. The management approach focuses on the financial information that the Company's chief operating decision maker uses to evaluate performance and allocate resources to the Company's operations. The Company’s two operating and reportable segments are Trucking and CNG Fueling Stations. Corporate and Unallocated represents expenses that are not allocated to a reportable segment including corporate general and administrative expenses and other corporate costs such as change in fair value of warrant liabilities, change in fair value of embedded derivative liability, gain (loss) on extinguishment of debt, and interest expense on certain debt obligations.

Trucking. The Company’s Trucking segment provides surface transportation services to the USPS and other customers.

CNG Fueling Stations. We own three CNG fueling stations that serve our fleet and other customers. Those stations are located in Fort Worth, TX, Oak Creek, WI, and Tolleson, AZ and accommodate class 8 trucks and trailers. We have two additional CNG fueling stations located in Jurupa Valley, CA and San Antonio, TX that are no longer operational.

The following tables present the Company’s financial information by segment. Management does not use assets by segment to evaluate performance or allocate resources. Therefore, we do not disclose assets by segment.

	For the Three Months Ended September 30, 2021
($ in thousands)	Trucking			CNG Fueling Stations			Corporate and Unallocated			Total
Revenue	$	68,769		$	91		$	—		$	68,860
Operating expenses, excluding depreciation and amortization	$	(63,814	)	$	(196	)	$	(4,704	)	$	(68,714	)
Depreciation and amortization	$	(4,009	)	$	—		$	—		$	(4,009	)
Operating loss	$	946		$	(105	)	$	(4,704	)	$	(3,863	)

	For the Nine Months Ended September 30, 2021
($ in thousands)	Trucking			CNG Fueling Stations			Corporate and Unallocated			Total
Revenue	$	213,918		$	281		$	—		$	214,199
Operating expenses, excluding depreciation and amortization	$	(165,494	)	$	(800	)	$	(12,493	)	$	(178,787	)
Depreciation and amortization	$	(11,371	)	$	—		$	—		$	(11,371	)
Operating loss	$	37,053		$	(519	)	$	(12,493	)	$	24,041

	For the Three Months Ended September 30, 2020
($ in thousands)	Trucking			CNG Fueling Stations			Corporate and Unallocated			Total
Revenue	$	52,133		$	256		$	—		$	52,389
Operating expenses, excluding depreciation and amortization	$	(49,828	)	$	(252	)	$	(2,977	)	$	(53,057	)
Depreciation and amortization	$	(3,758	)	$	(56	)	$	(2	)	$	(3,816	)
Operating loss	$	(1,453	)	$	(52	)	$	(2,979	)	$	(4,484	)

	For the Nine Months Ended September 30, 2020
($ in thousands)	Trucking			CNG Fueling Stations			Corporate and Unallocated			Total
Revenue	$	159,258		$	808		$	—		$	160,066
Operating expenses, excluding depreciation and amortization	$	(158,414	)	$	(744	)	$	(8,551	)	$	(167,709	)
Depreciation and amortization	$	(10,752	)	$	(175	)	$	(4	)	$	(10,931	)
Operating loss	$	(9,908	)	$	(111	)	$	(8,555	)	$	(18,574	)

For the nine months ended September 30, 2021 and 2020, the revenue from one customer accounted for approximately 89% and 87%, respectively, of total consolidated revenue.